cheap loans in Ireland are available once again!

25/04/2011

While all the talk may still be of recession, most people are getting on with things now and trying to get back to a sense of normality. This includes Ireland's banks, who went through a period of serious stagnation after a crazy few years in which they lost the plot with the money they were dishing out.

There's never been a better time to make a big purchase, as prices are down thanks to people not spending. If you're beginning to look into finance, then we're here to point you in the direction of the best cheap loans in Ireland. It may be hard to believe, but they are out there!

Your first instinct may be to approach your own bank to get the loan, however the main Irish banking institutions often don't give the best rates, so you'll do yourself a massive favour by checking out the alternatives. The current best "other" options in the Irish market are the likes of Rabobank and Finance Direct. Let's take a look at what Finance Direct are currently offering customers.

Their website can be found at Financedirect.ie. This company specialise in loans for cars or holidays, and give all the usual benefits you'd expect from a competitive loan. To give an example, a loan from them for E20,215 comes out at 9.0% APR, €410.74 per month for 61 months, total cost of credit is €4,941.63 (24.4%). This compares extremely favourably with what is on offer in the market.